If online search results are anything to go by, a lot of us are worried about Canada’s purported recession.
Google Canada released a couple of interesting facts this week. Recession was the top trending election-related topic on Google in August, ahead of daycare, the Bill C-51 national security legislation, the Mike Duffy expenses scandal and a tax on Netflix.
But the recession queries really came to a head recently. On September 1, the things Canadians wanted to know most were whether the country was indeed in a recession, what the heck was a technical recession, why Canada was in recession (if it was), how often the economy had experienced recessions and how they could survive such a slump.
All good questions, really, so Yahoo Canada tapped some of Canada’s top economists to get the answers.
Is Canada in a recession?
According to economists, probably not — though some people may beg to differ.
Recessions are a prolonged and broad-based contraction in a country’s gross domesticRead More »from Canadians’ most asked questions about the recession, answered by economists